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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
May 22, 2000
Page
10
Dear reader argues 15 to 20 percent gains possible in growth, not pure interest, by taking risk with stocks. Bruce explains annual car insurance costs rise with teen drivers, noting higher severity of accidents. A reader asks about leasing a newly earned private pilot license for flight instruction profits and seeks advice.
From the school’s view it’s a favorable arrangement to use the plane hourly with no capital outlay. The owner’s perspective diverges, and the speaker would rather not have students, who often make hard landings, fly the aircraft.
In Boston area and neighboring states teens gain more internship opportunities as labor markets tighten. Companies seek high school students for computer and clerical tasks with pay around $8 to $11 an hour. Experts warn many youths still take lower wage retail and food service jobs.
Cairo readers confront a circulating rumor that Coca Cola’s logo hides blasphemous text. Islamic scholars and mufti Nasr Farid Wasel ruled there is no defamation to Islam, while warning spreaders face 70 autumns in hell. Coca Cola and vendors reported no sales impact.
A compact market brief reports opening stock activity with mixed moves and modest declines. Investors monitor sector shifts and notable percentage changes as traders weigh economic signals and corporate results.
Independent broker names and major stocks list prices such as American Greetings Ames Dept Store Bob Evans Cedar Fair Cleveland Indians CVS Ford General Motors Geon BFGoodrich Emerson Electric Engiehard and more with quoted figures, reflecting a Walnut Street Securitas AIS investment context. Prices shown include entry points around 13 to 77 and varied fractions, indicating a market snapshot from the era.
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